North America Aluminium Cans Market to Reach US$ 22.0 Billion by 2032, Propelled by the Widespread Adoption of Canned Food Products

August 08, 2022 | Packaging

The latest report by IMARC Group, titled “North America Aluminium Cans Market Report by Application (Beverages, Food, and Others), and Country 2024-2032“, finds that the North America aluminium cans market reached a value of US$ 16.4 Billion in 2023. Aluminium cans refer to single-use containers used across the food and beverages industry as a preferred packaging solution. They are extensively utilized for packing products like oils, chemicals, and other liquids. These cans are economical, durable, lightweight, recyclable, easy to handle, and help preserve the quality and flavor of the contents inside. They are also resistant to corrosion, do not rust, and can handle pressure without rupturing. Aluminium cans also play a crucial role in product branding and differentiation. Consequently, these cans are widely used in the food and beverage (F&B) and pharmaceutical industries across the North American region.

North America Aluminium Cans Market Trends:

One of the primary factors driving the market is the widespread adoption of aluminium cans for the packaging of ready-to-eat (RTE) and canned food products like energy drinks, aerated drinks, and fruit juices. Aluminium cans provide 100% protection against light, moisture, oxygen, and other contaminants, thus providing a longer shelf life to the food products contained inside. Besides this, these cans are widely used for packaging pain-relieving sprays and several over-the-counter (OTC) products. Furthermore, the rising environmental consciousness has encouraged consumers to use aluminium cans as they can be recycled endlessly without loss of quality or strength. Moreover, various government initiatives to limit the usage of plastic, and rising concerns about the non-recyclability of plastics and the harm it causes to marine life, are also escalating the demand for aluminium cans across the region. Looking forward, the IMARC Group expects the market value to reach US$ 22.0 Billion by 2032, exhibiting a CAGR of 3.3% during the forecast period (2024-2032).

Market Summary:

  • Based on the application, the market has been segmented into beverages, food, and others. Currently, beverages represents the largest application segment, accounting for the majority of the overall market share.
  • Country-wise, the market has been classified into the United States, and Canada. At present, the United States holds a clear dominance in the market.
  • The competitive landscape of the market has also been analyzed, along with the profiles of the key players operating in the industry. 

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Application, Country
Countries Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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North America Aluminium Cans Market to Reach US$ 22.0 Billion by 2032, Propelled by the Widespread Adoption of Canned Food Products
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